TWIST or the Transaction Workflow Innovation Standards Team is a not-for-profit industry group of corporate treasurers, fund managers, banks, system suppliers, electronics trading platforms, market infrastructures and professional services firms.
The primary aim of TWIST is to develop new and rationalise existing xml standards that connect the financial and physical supply chains, releasing the enormous value locked up in disjoined paper-based processes. TWIST also participates in the management of the ISO20022 standards for financial markets aiming to make this the umbrella for its comprehensive suite of standards.

In 2014, one more bank went live with the BSB (Bank Service Billing); RBS (Royal Bank of Scotland). RBS joins the 13 other banks that are live; Bank of America Merrill Lynch, Barclays, BNP Paribas, Citi, Danske Bank, Deutsche Bank, […]

Highlights of bank news since the last newsletter; Unicredit Group has gone live with Germany and four Eastern European countries using the camt.086 format, Barclays is rolling out a new strategic platform that expands its global coverage, BNP is now […]

Steve Weiland, Bob Blair and Paul Burstein presented the latest on the TWIST BSB, including the recasting of the BSB by ISO 20022 at the AFP Miami Conference. The global electronic billing statement, known as the “BSB,” is now an […]

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Broadening the Base

As an interested participant in supply chain automation, you are invited to join TWIST as a member or sponsor. Your involvement will ensure the continued progress by the TWIST team and will give you. more...

Large corporations take lead in realizing Pan-European supply chain automation

This event discussed the issues around supply chain automation in Europe as well as initiated the establishment of a Pan-European "Corporate Supply Chain Panel". more...

Realizing SEPA Benefits

This document is a White Paper drafted by an ad-hoc committee of TWIST Process Innovations Limited. more...